Share Name Share Symbol Market Type Share ISIN Share Description
Grainger Plc LSE:GRI London Ordinary Share GB00B04V1276 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.40p +1.28% 268.40p 267.80p 268.40p 269.20p 263.20p 265.40p 1,428,808 15:34:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 270.7 100.7 21.0 12.8 1,643

Grainger Share Discussion Threads

Showing 176 to 197 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
29/4/2009
16:02
Interesting to see rebound in share price along with rest of market despite fact that Schroder's has marginally cut its stake below 16%. I have now taken out short position and needless to say forecast considerable downside.
wiseacre
19/4/2009
23:22
there's no chance they won't meet the September covenant, sure they're going to get screwed by the cost of finance but they appear to have dramatically reigned in unecessary expenditure and have have a big cushion of rental income w,bramley - sorry just got back from visiting Mickey Mouse with the sister's kids - all for their benefit of course! i guess with a bit of luck you might have exchanged by now anyway. were you talking about paying 25% before you exchange? - your solicitor probably wouldnt let you do it. if you are talking about increasing your deposit to 25% it still doesnt give the vendor the comfort he's looking for from an exchange. as you are paying your solicitor you should be able to badger him and establish exactly what's holding the exchange up. although the agent is working for the vendor he only gets paid on completion so he should be absolutely gagging to get the exchange in the bag - i know i would be - phoning both solicitors on a daily basis to keep the sale together. the remarketing may just be a ruse to panic you and make you push your side as hard as you can
coby4
17/4/2009
19:12
Evil must be leaking money like his jugular has been cut!
dancing piranha
17/4/2009
17:40
To the Troll. Yes they did past the covenant test for 30 March and auction prices have been remarkably resilient. But be sure they will crack and the 30 September test is unlikely to be met. I don't know why I am making this post as i want to see the share price rise further so the harder the fall!
wiseacre
16/4/2009
14:36
Whoever heard of a serious property downturn lasting just 12 months.The last one in the early nineties lasted four years and the one in the seventies lasted six years (British Land fell to 1p). We are currently enjoying a totally false dawn. I have made good money shorting this stock and I'm preparing to whack it again. The interims next month might provide the opportunity.
wiseacre
04/4/2009
14:39
coby4 This stock is one I am looking at, seems to be making good headway. OFF TOPIC - as an estate agent could I ask for a spot of information. I am keen to buy a property at an agreed 320K - nothing is signed and the vendor has started to advertise again, but no respose to his adverts (suspect he is being pressured to reduce his mortgage) as he has bought another property where he is now residing. Is there a way I can hold this property by a payment of say 25% of the agreed price, as my property is close to a sale? Many thanks in advance of your reply.
w.bramley
02/4/2009
19:21
SP activity suggests they've passed the 31/03 covenant test & are O K for the 30/09 too. if I'm right, this is well worth a look.
the troll
20/2/2009
23:01
i believe 173 refers to the reversionary element of that part of their portfolio let to regulated tenants rather than their home reversion portfolio which as that product is now regulated and very many of which are only owned on a partial basis could not be sold through auction if they continue to be able to meet their interest payments i cant see lenders wanting to break up an otherwise successful company which just happens to be experiencing the same problems as other similar property companies i work in a london estate agents, part of a national chain and despite the regualar news reports regurgitating the same old lines in a slightly different way there has been a very substantial change in mood since christmas, a hell of a long way to go and maybe only a blip
coby4
20/2/2009
16:43
Another good day at the office!
dancing piranha
19/2/2009
14:29
i think this one really can't survive... i've run some numbers and arrive at the following assumptions; the company will have surpassed its 70% LTV covenant by the interims and unless the housing market improves, which is unlikely in the near future they could be testing their 80% LTV covenant resulting in default by the full year 09. Especially if they are selling off their quality assets, like home reversion portfolio (see 173), at a discount!! they're selling off their best assets for nothing! this is madness since this is where they get their best margins on disposal! distressed seller springs to mind... i also think its highly probable they could post a loss of between £200-250m this full year by reading latest announcements and given the market! raging sell in my eyes!!
n1ck_leeson
17/2/2009
12:27
Well it was down to 50p last October.
nfb39
17/2/2009
12:02
70-75p is mine!
dancing piranha
17/2/2009
11:53
here we go... down 8.1% at 93.75p target price anyone?
rd1881
17/2/2009
08:11
Anyone know what percentage of their shares are out to loan ?
nfb39
13/2/2009
18:45
It's a short, period!
dancing piranha
13/2/2009
13:11
i guess they are going to see the glass half full side of things, there is without doubt though increased activity in the market and if lending eases a bit fortunes could change quickly
coby4
13/2/2009
12:53
Given the directors' legal responsibilities I think they are treading on thin ice and there's a lot of that about at the moment! As usual they paint far too rosy a hue to their prospects. More important, word in the industry is that they are putting their reversionary property under the hammer and likely to take a £200 million hit. For myself I have just taken out new short.
wiseacre
18/1/2009
19:03
Crunch time! Testing £1 as I said. Convincing upward move of 5 to 10% and we could be testing £1.50 again and when breached £2 or 5 to 10% lower than here and I guess we could be in for another step down or some sideways volatility for a while until the picture becomes clearer. Don't forget, EXDIV stocks nearly always fall back as the yield becomes meaningless in the short term!
jdschwartz
16/1/2009
09:43
Will the last person here, please put out the lights.
nfb39
15/1/2009
15:42
Hmmm - below a quid now which is prob why the board is so quiet...
jockthescot
14/1/2009
22:30
We are near a quid. Why is this board so quiet.
kab6
13/1/2009
07:34
Technically, we look like we are going to be testing £1.
jdschwartz
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
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